ASSOCIATION OF MULTIMODAL TRANSPORT OPERATORS...

ASSOCIATION OF MULTIMODAL TRANSPORT

OPERATORS OF INDIA

C/o. CKB, 1st Floor, 20, Raja Bahadur Mansion, Ambalal Doshi Marg, Fort, Mumbai - 400 023 T: +91 22 6637 0021 | F: +91 22 6637 0022 | E: [email protected] | www.amtoi.org

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Annual Report For The Year 2014 - 2015

The Managing Committee of the Association has the pleasure in presenting to its members this Annual Report for period from April 1st 2014 to March 31st 2015 together with Audited Accounts and Balance Sheet as on 31st March 2015.

1. THE MANAGING COMMITTEE MEMBERS 1. Mr. Sailesh Bhatia President 2. Mr. Shantanu Bhadkamkar Vice President 3. Mr. Vivek Kele Hon. Secretary 4. Mr. R. K. Rubin Hon. Treasurer 5. Mr. Nailesh Gandhi MC Member 6. Mr. Ravi Gandhi MC Member 7. Mr. Xerxes Master MC Member 8. Mr. Shashi Tanna Immediate Past President 9. Mr. Anand Sheth Advisor 10. Mr. Tushar Jani Advisor 11. Mr. Tej Contractor Special Invitee 12. Mr. Yogesh Parekh Special Invitee 13. Mr. S. Varadarajan Special Invitee 14. Mr. Udayabhaskar Reddy Southern Region Chapter Invitee 15. Mr. Ashok Janakiram Eastern Region Chapter Invitee

2. INVITATION TO MC SPECIAL INVITEES AMTOI invited the following Members as Special Invitees on the Managing Committee for the term 2014-2015 as their experience and knowledge would help the Association. 1) Mr. Tej Contractor of Mayur C Contractor Logistics Pvt Ltd., Mumbai 2) Mr. Yogesh Parekh of Orchid Shipping Pvt Ltd., Mumbai 3) Mr. U Udayabhaskar Reddy, Sanco Trans Ltd., Chennai 4) Mr. S. Vardarajan, Relay Systems Pvt LTd., Mumbai

3. INVITEE ASSOCIATIONS ON THE EXTENDED BOARD With a view to have joint representation to the government as well as to have enhanced co-ordination for its members, AMTOI has once again invited the following associations as invitees to the AMTOI Extended Board. 1. Air Cargo Agents Association of India 2. The Container Shipping Lines Association (India) 3. Consolidators Association of India 4. Federation of Ship Agents Association of India 5. Federation of Freight Forwarders’ Association in India 6. Indian National Shipowners’ Association 7. Container Freight Station Association of India 8. Indian Private Port & Terminals Association 9. All India Motor Transport Congress 10. Association of Container Train Operators 11. Women’s International Shipping & Trading Association

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4. MANAGING COMMITTEE MEETINGS The Present Managing Committee held 12 meetings & 4 Extended Board Meetings during the Term 2014-2015.

S.No. NAME OF THE MEMBERSMC

MEETINGS HELD

MC MEETINGS ATTENDED

EBM MEETINGS

HELD

EBM MEETINGS ATTENDED

1 Mr. Sailesh Bhatia - President 12 11 04 04

2 Mr. Shantanu Bhadkamkar - Vice President 12 09 04 04

3 Mr. Vivek Kele - Hon. Secretary 12 10 04 044 Mr. R.K. Rubin - Hon. Treasurer 12 10 04 035 Mr. Nailesh Gandhi - MC Member 12 08 04 04

6 Mr. Ravindra J Gandhi - MC Member 12 07 04 02

7 Mr. Xerxes Master - MC Member 12 11 04 04

8 Mr. Shashi Tanna - Immediate Past President 11 01 04 01

9 Mr. Tushar Jani - Advisor 11 00 04 0210 Mr. Anand Sheth - Advisor 11 00 04 00

11 Mr. Tej Contractor Invitee Member 11 06 04 01

12 Mr. Yogesh Parekh Invitee Member 11 04 04 02

13 Mr. S. Vardarajan, Invitee Member 11 06 04 02

14 Mr. Udayabhaskar Reddy -SRC, Chennai 11 04 04 03

15 Mr. Anand Didwania, Air Cargo Agents Association of India 04 00

16 Mr. Prithwijit Maitra, The Container Shipping Lines Association (India) 04 02

17 Mr. Nityam Khosla, Consolidators Association of India 04 0118 Mr. Adarsh Hegde, Container Freight Station Association of India 04 02

19 Mr. Vivek Kumar Singh , Indian National Shipowners' Association 04 02

20 Mr. S. S. Kulkarni, Indian Private Port & Terminal Association of India 04 01

21 Capt. Ramgopal Ramakrishnan, Federation of Ship Agents Association of India 04 01

22 Mr. Amit Kamth, Federation of Freight Forwarders' Association of India 04 0023 Mr. Bhim Wadhwa, All India Motor Transport Congress 04 0024 Mr. Ramakrishna, Association of Container Train Operators 04 03

25 Ms. Sumeet Sahi, Women’s International Shipping & Trading Association 04 02

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6. GROWTH OF MEMBERSHIP PATRON GOLD ORDINARY ASSOCIATE

As on 31.03.2014 01 03 188 07 Joined during the year (2014-2015) 00 00 13 04 Less: Cancellation/Resignation ---- ---- 05 ----

As on 31.03.2015 01 03 196 11 Addition 1.4.15 – 31.8.15 00 00 07 05

01 03 203 16

5. LEGAL & TAX CONSULTANTS Mr. Vishal U. Sheth Shipping - Advocate M/s. BMR & Advisors Service Tax

7. A] NAME OF PATRON - LIFE MEMBER ALLCARGO LOGISTICS LTD, MUMBAI

B] NAME OF TERM GOLD MEMBERS 1) LINK SHIPPING & MANAGEMENT SYSTEMS PVT LTD., MUMBAI 2) EXPO FREIGHT PVT LTD., CHENNAI 3) TVS DYNAMIC GLOBAL FREIGHT SERVICE LTD., CHENNAI

C] NAMES OF NEW MEMBERS April 2013 – March 2014 ORDINARY MEMBER 1. Global Shipping Agencies India Pvt Ltd 2. Mercargo Logistics Pvt Ltd 3. Mags Impex (Shipping) Pvt Ltd 4. Sindhu Cargo Services Pvt Ltd 5. Toll Global Forwarding (India) Pvt Ltd 6. Taurus Lines Pvt Ltd 7. Force Logistics Pvt Ltd 8. MPRS Shipping and Logistics Pvt Ltd 9. Bhavani Shipping Services (I) Pvt Ltd 10. Cargomar Pvt Ltd 11. PMP Logistics Pvt Ltd 12. Oriental Exim Agency 13. PDP Shipping & Projects Ltd

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ASSOCIATE MEMBER 1. Clasquin India Pvt Ltd 2. FM Global Logistics (India) Pvt Ltd 3. Nagarkot Forwarders Pvt Ltd 4. KP Logistics Pvt Ltd

D] NAMES OF NEW MEMBERS 2014-15 (April 2015 upto 05.08.2015)

ORDINARY MEMBER 1. S. J. Logistics (India) Pvt Ltd 2. SARR Freights Corporation 3. Cargosol Logistics Pvt Ltd 4. Sun Global Logistics Pvt Ltd 5. Timescan Logistics (India) Pvt Ltd 6. Brizo Global Logistics Pvt Ltd 7. Global Container Lines India Pvt Ltd

ASSOCIATE MEMBER 1. Proficient Services 2. RPS Logistics 3. Cargo Channels Pvt Ltd 4. iInterchange Systems Pvt Ltd 5. Pennon Shipping Pvt Ltd

8. REPRESENTATIONS The Association has been successful in being on the following committees,

a) Permanent Trade Facilitation Committee at the following custom stations, (i) Jawaharlal Nehru Custom Nhava Sheva- Export / Import (ii) Mumbai Air Cargo Customs – Export / Import (iii) Mumbai Customs – Export / Import (iv) Chennai Sea Port Custom – Import

b) Working Group on the MMTG Act Amendment c) Working Group (Sub Group) on coastal shipping policy d) Member of Grievance Redressal Group of Ministry of Shipping e) Nominated on Indian Merchant Chamber panel of Arbitration f) Member of advisory council of India Maritime Week an initiative of the Ministry of Shipping g) Member in Indian Maritime University, Chennai as Composition of Members for the Court – Constitution of New court h) Member of Governing Council of Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA). i) Member of Re-constitution of Expert Committees of MACCIA j) Presentation on the concept note and institutional framework on Sagarmala

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10. SUB-COMMITTEE ACTIVITIES • SRO Committee President updated the concept of SRO in MC meeting and at various forums and advised how the DG Shipping has recommended that this concept be introduced in the forthcoming amendments in MMTG Act.

It was elaborated that Director General Shipping is mooting that the industry can have multiple SROs and all SROs should put up standard Trading conditions on their website and these SROs can have a GRF within them for their respective members.

Taxation (Direct & Indirect) - AMTOI has appointed M/s BMR Advisors to help prepare, submit and pursue representation on Service Tax issues with various Govt Bodies and also explain AMTOI position on the matter at various public forums through presentation and distribution of reference Material

9. SUB-COMMITTEE’S AMTOI Managing Committee formed sub-committeesto work in various segments and the work allocation was done on the following basis

S.No. Sub-Committee Responsible Assistance

1 SRO Committee Mr. Sailesh Bhatia Mr. Shantanu Bhadkamkar / Mr. Vivek Kele

2 Taxation (Direct & Indirect) Mr. Nailesh V. Gandhi Mr. Shantanu Bhadkamkar

3 Training / Conference/ Workshop Mr. Tej Contractor Mr. Xerxes Master

4 Digital Platform Mr. Ravindra J. Gandhi Mr. Vivek Kele5 MTO License Renewal Mr. Tej Contractor Mr. R. K. Rubin6 SCOPE Mr. Vivek Kele Mr. Nailesh Gandhi

7 AMTOI Day Mr. Xerxes Master Mr. Ravindra J Gandhi / Mr. Tej Contractor

8Publication (Weekly newsletter / quarterly AMTOI News)

Mr. Xerxes Master Mr. Shantanu Bhadkamkar / Mr. Vivek Kele

9 Chapters Mr. Shantanu Bhadkamkar Mr. Vivek Kele10 GRF Mr. Sailesh Bhatia Mr. Nailesh Gandhi11 Chennai Chapter Mr. R. K. Rubin Mr. Udaybhaskar Reddy

12 Membership Drive Mr. Yogesh Parekh Mr. R. K. Rubin / Mr. Xerxes Master / Mr. Udaybhaskar

13 Coastal Shipping Mr. S. Varadarajan Mr. Vivek Kele14 Public Relation Mr. Ravindra J Gandhi Mr. Xerxes Master15 Customs (PTFC - AIR) Mr. Shantanu Bhadkamkar Mr. R. K. Rubin16 Customs (PTFC - JNCH) Mr. R. K. Rubin Mr. Tej Contractor

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• Digital Platform During the past year there has been interesting and exciting developments in the Digital Platforms of both AMTOI Website and India Natie platform.

The look and feel of the new AMTOI website gives a good experience to the visitor with lots of new features and online information. While AMTOI and its advantages are elaborately explained, some of the new features include the “Hot Links” section where you get information on Ports, Government Agencies and our International Associations. The “Downloads” section has an exhaustive list from Brochures, Publications, membership Applications to latest happenings via AMTOI news. The GRF has been explained with details about its constituents and functionalities along with the method on issue resolution.

As for India Natie, during this year’s Brea bulk conference in Antwerp in May 2015, a workshop was organised by Port of Antwerp where some of the AMTOI members were present. Through continuous interaction with all parties the platform has been kept up to date not only by debugging and tracking the coordinates of members but also by way of news, events, calendars etc. from all three stakeholders, namely, AMTOI, Port of Antwerp and VEA. The analysis report shows the amount of interest generated through this portal which is not only from the two concerned countries but other countries as well. More activities and developments are under planning for the coming year.

• MTOLicenseRenewal The Committee has assisted various members in the renewal process of their MTO license by representing the matter to the office of Director General of Shipping as well as guiding members in the correct interpretation of the act.

AMTOI has established a system to remind Members and offer assistance for renewal of licenses, which are held up for more than 60 days at DGS office.

• AMTOIAnnualDay AMTOI Annual Day was celebrated in a unique manner with the theme “Royal India” showcasing the royal heritage of India to its foreign and visiting dignitaries. This annual event was a watershed moment for AMTOI as it was done on a grand scale, which saw visiting dignitaries from Port of Antwerp, Port of Peel, VEA, and Dubai amongst others.

The event was attended by an eclectic mix of the shipping community including Mr. Deepak Shetty, Director General of Shipping, Mr. Gary Hodgson, COO-Peel Ports Group, Mr. Peter Faker, Sales Director-Peel Ports Group, Mr. Eddy Bruyninckx, CEO-Antwerp Port of Authority, Mr. Marc Van Peel, President-Antwerp Port of Authority, Mr. Luc Arnouts, CCO-Antwerp Port of Authority, Dr. Amol B Kirtane, Dy. Director General of Shipping, Mr. T.S. Balasubramanian, Member (Finance), TAMP, Mr. David Philips, Vice President-FIATA, Mr. Johan Proost, Managing Director-IPSEN Logsitics BVBA-Belgium, Mr. Olivier Schoenmaeckers-VEA, Ms. Akemi Sakamoto, Assist. General Manager-Sanwa Forwarding Business Co. Ltd., China.

The Managing Committee has decided to hold the next AMTOI Annual Day on Friday, 12th February 2016.

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• Publication(Weeklynewsletter/quarterlyAMTOINews) AMTOI is circulating a Weekly News Letter by mail to all its members. We are happy to inform you that there was no exception to this and 52 issues were circulated for the year 2014-2015 and from April 2015 to August 2015 19 issues have been circulated with important news and information on Shipping & Logistics industry to all its members.

AMTOI also has been releasing “AMTOI News” quarterly and of three issues have been circulated.

• Chapters Southern Region Chapter The Association has been able to enroll number of members from southern region through our Southern Region Chapter based in Chennai.

The Regional Committee of SRC is as follows:

1) Convenor - Mr. Deepak Ramaswamy International Clearing & Shipping Agency (India) Pvt Ltd

2) Secretary - Mr. U. Udayabhaskar Reddy Sanco Trans Ltd

The Chennai Chapter is very active in taking up issues faced by our Members in South India on a regular basis.

Major Events: A) AMTOI conducted 8th MC Meeting and 3rd EBM Meeting in Chennai on 1st April 2015.

The representatives of member associations of EB viz NACFS, CSLA, CCHAA, CHENSAA attended the meeting alongwith special invitee NAFL-Dubai

In the evening AMTOI held an interactive session on Taxation of its members. The event was appreciated by one and all as it was an excellent educational experience for existing and potential members of AMTOI wherein a lot of their Tax queries were answered.

In the evening of 1st April H.E. the Consul General of Belgium in Chennai Dr. Bart De Groof hosted a dinner at his seaside residence for visiting AMTOI MC Members, EC members of CHENSAA, selected members of the trade and the Port of Antwerp delegation, which was visiting Chennai at the time.

B) AMTOI SRC organized an event on 9th July 2015 in Chennai to establish a better connect between the South Indian Shipping Community and the port of Antwerp, Belgium.

The event was attended by Mr. William Demoor, Senior Advisor to the president of the Port of Antwerp & Mr. Raj Khalid, Consultant & Senior representative for the port of Antwerp in India.

The SRC extended an invitation to the heads of various related association such as NACFS, CHENSAA (The Chennai Steamer Agents Association), CCHAA (Chennai Customs

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House Agents Association), & members of the MCCI (Madras Chamber of Commerce & Industry) who had visited Antwerp Port in 2012 as well as select members from AMTOI SRC.

Mr. Shantanu Bhadkamkar, Vice President, AMTOI & the Consul General for Belgium in Chennai, Dr. Bart De Groof were present on this momentous occasion.

Eastern Region Chapter AMTOI extending its wings to the Eastern part of India. The chapter will start its activities under the leadership convener Mr. Ashok Janakiram of Pennon Shipping Ltd, Kolkata.

AMTOI has identified Eastern India as its next area of activity after successful launch of its South India chapter started in Chennai two years ago. This is just the beginning, when all the initiatives come in to being, Eastern region will see a surge in multimodal transport activity. Foreseeing this development the Managing Committee of AMTOI decided to extend its activity to Eastern Part of India.

AMTOI Mumbai office made a presentation to the Kolkata shipping fraternity and explained the benefits of becoming a multimodal transport operator and how AMTOI can assist members of the trade in undertaking MTO activities effectively and efficiently in the region and beyond. Mr Xerxes Master MC member AMTOI articulated the nuances of being a registered Multimodal Transport Operators and being a member of AMTOI.

The coordinator of the local chapter Mr Ashok Janakiram advised the audience and the visiting AMTOI MC members as to how ASIC (Association of Shipping Interest, Calcutta) can assist in establishing AMTOI Kolkata Chapter and how being an MTO will help members of the trade to offer gamut of logistic services under one roof.

Mr Vardarajan of Shreyas Relay Systems and MC member, AMTOI made a presentation on coastal shipping, he briefed the audience about developments in the Indian Coastal Shipping scenario, the simplicity of its operations and how the shipping community at large can benefit by participating in the Coastal trade.

• Membership The Sub-Committee has been actively increasing the Member strength which has now grown to 223 members. The details of the same are as follows:

Ordinary Member 204 Associate Member 15 Patron Member 01 Term Gold Member 03 223

During course of this year AMTOI introduced the concept of Membership Numbers for all its Members. This will help the organization to track registration activity of all its members.

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• CoastalShipping Mr. S. Varadarajan, MC Special Invitee gave a presentation during EB Meeting of 7th January 2015 in Mumbai and during the opening session Eastern Chapter Meeting on 4th August in Kolkata on Coastal shipping. Considering the importance and significance of Coastal Shipping in coming years it was decided to formulate a strategy to promote Coastal Shipping using the platform of AMTOI.

• Customs(PTFC–AIR/JNCH) AMTOI representative’s made representations to the different Custom Commisionerates’ and gave suggestions on how to ease day to day operational difficulties faced by our Members. The Sub Committee’s continues to represent all matters brought forward by its members at Nhava Sheva, Mumbai Airport & Chennai.

• OfficePremises As announced in the last AGM AMTOI identified a property in Santacruz (E) with Kalpataru Builders, the paper work for the same is in process.

The details of the same are as follows Building Name and Address : Primus Court – Kalpataru Builders Opp. Grant Haytt, Santacruz (E), Mumbai – 400 055. Office No. : 106, 1st Floor Size – Build Up Area : 1256 Sq. Ft. Carpet Area : 770 Sq. Ft. Approx. Final Costs : 2,74,57,914.00 Likely date of possession : April 2017

11. C S L A JOINT FORUM AMTOI attended the following trade interactive meeting convened by CSLA.

Meeting Date Subject Attendee’s 11.11.2014 Meeting with Trade Bodies Mr. Vivek Kele 16.12.2014 Meeting with Trade Bodies Mr. Sailesh Bhatia 12.05.2015 Meeting with Trade Bodies Mr. Sailesh Bhatia 14.07.2015 Meeting with Trade Bodies Mr. Sailesh Bhatia / Mr. Vivek Kele / Mr. R. K. Rubin

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12. IMPORTANT ACTIVITIES AND CONTRIBUTIONS OF AMTOI IN VARIOUS AREAS 1. AMTOI made RNI Registration for dispatching AMTOI News Magazine.

2. AMTOI Organised a session with Adani Hazira Port for BCHAA Members where in Adani ports gave a presentation about Hazira Port and Hon. Secretary Vivek Kele gave a presentation of on the topic “How to become an MTO and its advantages” and “Advantages of becoming a member of AMTOI”

3. AMTOI made a written Representation vide a letter dated 12th September 2014 to Director General of Shipping regarding Service Tax on ocean freight and freight difference.

4. AMTOI made a written Representation vide a letter 17th March 2015 to wrote a letter to Under Secretary, Transport Ministry, Govt of India regarding consultation with stakeholders on amendments to Multimodal Transportation of Goods (MMTG) Act.

5. AMTOI organised Service Tax presentation in Chennai on 1st April 2015.

6. President Mr. Sailesh Bhatia attended the FIATA Regional Convention in Dubai on 19th & 20th April 2015 and signed an MOU with NAFL in RAME conference held in Dubai.

7. AMTOI attended Civil Service Day celebration organised by DG Shipping on 24th April 2015 AMTOI Hon Secretary Mr. Vivek Kele.

8. AMTOI convened a meeting with IT Task Force constituted by MOS, GOI at JNPT Office, Mumbai on 30th July 2015.

9. AMTOI attended Meeting at Ministry of Shipping, Government of India, Delhi regarding Organisation of Maritime India Summit 2016 on 5th August 2015.

10. AMTOI wrote letter to Prime Minister, Ministry of Shipping & Chief Minister of Maharashtra regarding repeated disruption of work at JNPT – GTI Terminals vide a communication on 7th August 2015.

11. AMTOI attended meeting at DG Shipping regarding amendments to Regulation 2 of Chapter VI of Solas Convention on 11th August 2015.

13. FINANCIAL RESULTS

2014-2015 2013-2014 INCOME FROM Annual Membership Fees & Entrance Fees 26,07,000.00 24,36,000.00 Interest Income of FDs 12,87,242.00 11,94,848.00 Income and Expenditure A/c. 46,60,365.00 15,34,399.00 Excess of Income Excess of Income over Expenditure over Expenditure

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AUDITORS The present Auditors Sameer Doshi & Co., and hold office till the conclusion of the ensuing Annual General Meeting.

THANKS GIVING The Managing Committee Members would like to sincerely thank Ministry of Shipping, Road Transport and Highways who is our parent Ministry and The Directorate General of Shipping who is our regulatory body for all their help, assistance in addressing our difficulties.

Further the Managing Committee Members are thankful to :

1. Ministry of Commerce & Industry 2. Mumbai Port Trust 3. Jawaharlal Nehru Port Trust 4. Central Board of Excise & Customs (CBEC) 5. Mumbai Customs 6. Jawahar Customs 7. Container Corporation of India (CONCOR) 8. Central Warehousing Corporation (CWC) 9. Container Shipping Lines’ Association of India (CSLA) 10. Mumbai and Nhava Sheva Ship Agents’ Association (MANSA) 11. Indian National Shipowners’ Association (INSA) 12. Federation of Freight Forwarders’ Association (FFFAI) 13. Air Cargo Agents Association of India (ACAAI) 14. Federation of Ship Agents Association of India (FEDSAI)

MANAGING COMMITTEE MEMBERS’ RESPONSIBILITY STATEMENT Pursuant to Section 217 (2AA) of the Companies Amendment Act, 2001 the Managing Committee Members confirm that –

i) in preparation of the annual accounts, the applicable Accounting Standards have been followed;

i) appropriate accounting policies have been selected and applied consistently and have judgment and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Association as on March 31, 2015 and there is excess Income over Expenditure for the year ended March 31, 2015.

ii) Proper and sufficient care has been taken for the maintenance of adequate accounting records in accordance with the provision of the Companies Act, 1956 for safeguarding the assets of the Association and for preventing and detecting fraud and other irregularities; and

iii) Sub-clause (iv) is not applicable to our Association.

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SPECIAL THANKS TO 1. M/s. Chinubhai Kalidass & Bros (CKB) for availability of their office space for our Secretariat.

2. M/s. International Clearing & Shipping Agency Pvt Ltd for availability of their office for Southern Regional Chapter.

3. M/s. Pennon Shipping Pvt Ltd for availability of their office for Eastern Regional Chapter.

4. Master Group of Companies assisting in AMTOI Newsletter weekly.

5. Extended Board Members for their contribution and inputs in various matter

Mr. Anand Didwania Air Cargo Agents Association of India Mr. Prithwijit Maitra The Container Shipping Lines Association (India) Mr. Nityam Khosla Consolidators Association of India Capt. Ramgopal Ramchandran Federation of Ship Agents Association of India Mr. Amit Kamat Federation of Freight Forwarders’ Association in India Mr. Vivek Kumar Singh Indian National Shipowners’ Association Mr. Adarsh Hegde Container Freight Station Association of India Mr. S.S. Kulkarni Indian Private Port & Terminals Association Mr. Bhim Wadhwa All India Motor Transport Congress Mr. Ramakrishnan N Association of Container Train Operators Ms. Sumeet Sahi Women’s International Shipping & Trading Association

OnBehalfofManagingCommitteeMembers

SaileshBhatia President

Mumbai,12thAugust2015

15. Container Freight Station Association of India (CFSAI) 16. Indian Private Port & Terminals Association (IPPTA) 17. All India Motor Transport Congress (AIMTC) 18. Association of Container Train Operators (ACTO) 19. Women’s International Shipping & Trading Association (WISTA) 20. Our Auditors – Sameer Doshi & Co., Chartered Accountant 21. EXIM News Letter, Daily Shipping Times, Maritime India.

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Audited Statements of Accounts For Financial Year 2014 - 2015

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7th August 2015

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7th August 2015 6th August 2015

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7th August 2015 6th August 2015

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C/o. CKB, 1st Floor, 20, Raja Bahadur Mansion Ambalal Doshi Marg, Fort, Mumbai - 400 023Tel.: +91 22 6637 0021 • Fax : +91 22 6637 [email protected] • www.amtoi.org

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